markdown
noun
A price cut meant to encourage people to buy.
Example sentences
- “The store offered a thirty percent markdown on all winter coats.”
- “Shoppers rushed in when the stores announced big markdowns after the holidays.”
Retail jargon; the opposite is a markup. Software writers know Markdown as a text format, an unrelated coinage.
Synonyms for markdown
Antonyms
Related words
retailThe business of selling goods directly to customers, whether in shops, by mail, or online.changeThe money a seller gives back to you when you hand over more than the price.wholesaleThe business of selling goods, usually in bulk, to shops or other traders rather than directly to the public.cashPhysical money, meaning coins and paper bills, rather than cards, checks, or digital payments.merchantSomeone whose business is buying and selling goods to make money.paymentMoney handed over in return for goods or services, or the act of handing it over. 